For Sale

68 Springvale Rd, Nunawading, VIC, 3131

A development goldmine on 763 sq m approx.

House

Type

Bedrooms

Bathrooms

Parkings

Published on Tuesday, March 03, 2026 ( See property details for 68 Springvale Rd, Nunawading, VIC, 3131)

$880,000 - $950,000

Luna Tian - Real Estate Agent - McGrath - Box Hill

Luna Tian Sales Agent

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

Spacious five-bedroom family home on a large 765 sqm block, perfectly positioned for redevelopment and convenient living in Nunawading.

🏡 Property Highlights

Expansive 765 sqm block ideal for redevelopment
Prime location close to Eastern Freeway and public transport
Walking distance to top schools and community amenities
Original five-bedroom home with rental potential
Surrounding excellent shopping and dining options
Suitable for multi-townhouse development (STCA)

✨ Key Features

Built-in Robes
Open-Plan Living
Outdoor Area
Garage
Waterfront / Views
Home Office / Study
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Extra Storage (Shed/Linen)

Suburb and Property Insights of Nunawading, VIC 3131

Nunawading is a vibrant suburb renowned for its excellent schools, convenient transport options, and proximity to shopping and recreational facilities. It offers a family-friendly environment with easy access to the Eastern Freeway, making it ideal for commuters. The area features a mix of original homes and potential redevelopment sites, attracting investors and families alike. Local parks and community hubs foster a welcoming atmosphere, while the diverse retail and dining options cater to all tastes.

Frequently Asked Questions

What is the potential for redevelopment on this property?

The large 765 sqm block offers excellent potential for a multi-townhouse development, subject to STCA approval.

Is the current house suitable for rental income?

Yes, the original five-bedroom home can be leased out to generate income while planning for future development.

What are the nearby amenities and transport options?

The property is close to schools, parks, shopping precincts, and is just metres from bus stops and the Eastern Freeway for easy city access.

Are there any planning restrictions or approvals needed?

Development plans are subject to council approval (STCA), and it is recommended to consult with local authorities for specific zoning and planning requirements.

What is the condition of the existing home?

The home is original and may require updates or renovations, offering an opportunity for customization.

What to ask about this property to agent?

Are there any existing easements, covenants, or zoning restrictions affecting the property? Has a recent pest and building inspection been conducted? Are there any planned developments or construction nearby that could impact the property? What are the council rates and potential costs associated with redevelopment? Is there any history of flooding or bushfire risk in this area? Are there any strata or community title considerations for future development? What are the potential costs for preparing the site for redevelopment? Are there any existing planning permits or approvals in place? Is the property compliant with all local building codes and regulations? Are there any known issues with the existing structure or land that could affect future use?